Algorithmic Trading Market: Booming Evolution and Bright Future

motek 1This algorithmic article was written by Yutong Li – Analyst at I Know First, Master's candidate at Brandeis University.

Highlights:

  • The global algorithmic trading market has risen tremendously these years, and algorithmic trading has dominated more than 80% of the stock market nowadays
  • Benefits of algorithmic trading today include the elevated speed of execution, reduction in transaction time, lower risk of errors, free of human bias, etc.
  • The total algorithmic trading market is projected to touch $18.8 billion by 2024

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